Sharjah developer secures $270m funding for mega project
Sharjah developer ARADA on Thursday said it has secured a syndicated loan of AED1 billion ($270 million) from two major…
Hedge Funds & Alternative Investments
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Realty, insurance, transport buying lifts Qatar bourse
The Qatar Stock Exchange was back in the positive trajectory on an across-the-board buying, particularly at the realty, insurance and…
Gulf energy firms issue record $28.7bn debt in 2017
Gulf energy companies issued record debt this year as producers opted to exploit lower borrowing costs to fund expansion plans.…
Regional investors show interest in ONIC to invest in Oman, says Ominvest
Oman International Development and Investment Co (Ominvest) said regional investors are showing interest in its subsidiary Oman National Investment Corporation…
Saudi, Egyptian markets outperform in weak region
Saudi Arabia´s stock market rose in a mostly weak Gulf region on Tuesday after data showed deflationary pressure on the…
UAE banks ready for challenges
The UAE banking sector's performance will see a stabilisation as the economy also does so with the recovery in crude…
Egypt's CI Capital acquires Reefy
CI Capital Holding completed its acquisition of a majority stake if Reefy – Micro Finance Enterprise Services Co. specialised in…
GAM launches first foreign funds in Israel
The Zurich based asset manager has become the first foreign asset manager to register funds for sale to retail clients…
ADIA Invests In HDFC Capital’s $1 Billion Housing Fund
In one of the largest fund raising for housing funds in India, HDFC Capital Advisors, the real estate asset management…
Ithmaar in Process of Completing Dubai Listing
Ithmaar Holding B.S.C. (Ithmaar) received on Thursday approval from the United Arab Emirate’s Securities and Commodities Authority (SCA) to list…
UAE, Tajikistan plan to create joint investment fund
Tajikistan and the UAE are planning to create a joint investment fund to boost economic ties between the two countries,…
EFG Hermes looks to manage renewable energy projects: energy head
Egyptian investment bank EFG Hermes aims to manage renewable energy projects totaling 400-500 megawatts in the north African country in…